Britain’s ambitious scale-ups backed to keep growing in the UK
What was announced
Ambitious scale-ups across Britain will get the expert support they need to scale up and stay in the UK, creating good jobs and growth.
Key points, in the publisher's words
- Ambitious scale-ups across Britain will get the expert support they need to scale up and stay in the UK, meaning more talented innovators can build their businesses at home and benefit people all over the country.
- The UK is one of the best places in the world to start a company - UK tech start ups raised $17bn in the first half of 2026 – which is more than France, Germany and Sweden combined. But too many promising businesses stall as they try to grow, in part because they lack the advice, capital or connections to reach the next level.
- A new pilot scheme, Scale UK Connect, will tackle this head-on with 200 scale-ups across the UK getting expert account management and tailored advice on how to expand. It will also include new ways to network with fellow founders, investors and major funds, opening up new trade opportunities at home and abroad.
Figures in this announcement
Each line is quoted from the original. Figures are as the publisher stated them on the day.
- “The UK is one of the best places in the world to start a company - UK tech start ups raised $17bn in the first half of 2026 – which is more than France, Germany and Sweden combined.”
- “Notes to editors Scale UK Connect is an 18-month national pilot worth £3.4 million, run by the Department for Business, Innovation, Science and Trade with London & Partners and regional delivery partners aligned with Mayoral Strategic Authorities including the Manchester Growth Company and the West Midlands Growth Company.”
- “In 2025-26, London & Partners’ ‘Grow London Global’ programme supported 265 scale up businesses to export internationally, generating £595 million in GVA and with more than 6,600 jobs expected.”
- “The programme, which expanded beyond the capital in January 2024, has supported 41 businesses outside London to date, while 85% of its 2025-26 graduates reported an increase in turnover between starting and completing the programme.”
Who and where
People
- Chris McDonald (MP for Stockton North (Labour)) · more news
UK bodies of power
- Department for Business, Innovation, Science and Trade (UK government department) · more news
Countries
- France (Europe & Central Asia) · more news
- Germany (Europe & Central Asia) · more news
- Sweden (Europe & Central Asia) · more news
Constituencies of the MPs named: Stockton North.
Where this sits in the 10 levels of power
Topics, as GOV.UK files them: Science and innovation.
Receipt
- Original: https://www.gov.uk/government/news/britains-ambitious-scale-ups-backed-to-keep-growing-in-the-uk
- Published 2026-10-29 10:01:12 UTC
- Read by this site 2026-10-29 10:15:13 UTC from GOV.UK
- Saved copy: receipt 4205, with its SHA-256 fingerprint
Contains public sector information licensed under the Open Government Licence v3.0.
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